​Chancellor Osborne demands extra £1bn UK defense cuts

Further cuts to the UK defense budget will begin to impact on Britain’s operational capacity, critics argue, as Chancellor George Osborne presses ahead with military austerity measures worth £1 billion.

The move could also end Britain’s ability to meet the symbolic contribution of two percent of gross domestic product (GDP) to NATO – a topic of fierce debate in the run-up to the recent general election.

The Treasury has requested the Ministry of Defence (MoD) make cuts of £1 billion.